478
478
Dec 28, 2012
12/12
by
KPIX
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eye 478
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a new report suggests the looming fiscal cliff is forcing consumers to lose confidence in the nation's economy. the conference board said on thursday that its consumer price index fell sharply in december for the second consecutive month. that's the lowest level since august. for the fifth consecutive year, individual investors have pulled their money out of the stock market. it's estimated to be about $380 billion. many are investing in bonds which are considered safer investments. wall street stocks sank for a fourth consecutive day. the dow lost 18 points. the nasdaq was off 4 points. >>> the housing market shows new signs of a rebound. they said on thursday that the sale of new homes increased by 4.5% from the month before. that's the fastest pace in two years. record low mortgage and stable job gains fueled the increase. >>> dangerously low water levels could force shipping to stop between st. louis and illinois on the mississippi river next week. the mississippi is suffering from months of severe drought. it does an estimated $7 billion of trade in february and january. >>> a pot
a new report suggests the looming fiscal cliff is forcing consumers to lose confidence in the nation's economy. the conference board said on thursday that its consumer price index fell sharply in december for the second consecutive month. that's the lowest level since august. for the fifth consecutive year, individual investors have pulled their money out of the stock market. it's estimated to be about $380 billion. many are investing in bonds which are considered safer investments. wall street...
62
62
Dec 28, 2012
12/12
by
CSPAN2
tv
eye 62
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experts predict failure to reach agreement on the fiscal cliff will cause the economy to contract by the year 2013 by half a percent, likely causing unemployment to climb to 9.1%, pushing our nation back into recession. but it doesn't have to be this way. mr. president, it is only because of stubbornness and stagnation on both sides of the aisle that we find ourselves facing this great challenge at the 11th hour. the blame game has shifted into full gear but there will be no winners if both sides continue to play this game of chicken. the united states is in a critical juncture. we could come together and show the world america's still the leader of a global economy, or we can let obstructionism turn this country into a second-rate superpower. mr. president, just last week i was doing some last-minute holiday shopping for my family. in one store i asked the salesclerk how business was going. we got to talking and she told me how numbers were dramatically down this year. she said people were worried. with so much uncertainty about the future, the fragile economy, see she said it's har
experts predict failure to reach agreement on the fiscal cliff will cause the economy to contract by the year 2013 by half a percent, likely causing unemployment to climb to 9.1%, pushing our nation back into recession. but it doesn't have to be this way. mr. president, it is only because of stubbornness and stagnation on both sides of the aisle that we find ourselves facing this great challenge at the 11th hour. the blame game has shifted into full gear but there will be no winners if both...
169
169
Dec 28, 2012
12/12
by
MSNBCW
tv
eye 169
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does anybody, say, what's the story on the fiscal cliff, or can you believe these bozos in washington? >> the bozos in washington is what i'm more often asked about. what really bothers me is when you look at the fact that people that are depending on unemployment insurance and people worried about payroll taxes going up. everyone acts like that's not a big thing. there will not be an immediate impact. there will be some immediate impact for some people, which is why you have consumer confidence down. there are investors and people deeming with the debt start to see i increase my interest because these guys can't run a government, you're looking at going toward a recession where we're playing politics in washington. this is very serious. this is not just beltway rhetoric here. i think that people need to understand to the point of calling their congressional representative in outrage today saying, we should not be at this point. they're playing politics with the actual livelihood of families. this is not something that it will be all right a week or two or three or four. we start to g
does anybody, say, what's the story on the fiscal cliff, or can you believe these bozos in washington? >> the bozos in washington is what i'm more often asked about. what really bothers me is when you look at the fact that people that are depending on unemployment insurance and people worried about payroll taxes going up. everyone acts like that's not a big thing. there will not be an immediate impact. there will be some immediate impact for some people, which is why you have consumer...
111
111
Dec 28, 2012
12/12
by
CSPAN
tv
eye 111
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in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and know are in favor of keeping the tax cuts in place especially for the middle class. we believe in balanced approach and we think it's ok to allow the elimination of the tax cuts for the wealthy. as taxes increase, the taxes at my business will be effected and i will have less to pay for investments and new equipment, hiring new people, but personally my income tax rates will go up. it's already a financially constrained environment. but customers tax rates will go up creating less demand for my products and less revenue for me and less tax revenue for the government. i want to urge congress and senators to vote for keeping our tax cuts in place, especially for the middle class and pushing our fiscal crisis to a balanced approach. go ahead and eliminate those tax cuts for the wealthiest individuals. if we all look at it and tried to consider what was going to work for the best, we needed to look at consumer demand. consumer demand is i
in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and know are in favor of keeping the tax cuts in place especially for the middle class. we believe in balanced approach and we think it's ok to allow the elimination of the tax cuts for the wealthy. as taxes increase, the taxes at my business will be effected and i will have less to pay for investments and new equipment, hiring new people, but personally...
105
105
Dec 28, 2012
12/12
by
CSPAN
tv
eye 105
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right now, the country's attention and that of the media is on the fiscal cliff, and i understand that. economy of the nation and the world may be at stake here. i think that sooner or later, there will be some kind of an agreement. will we are talking about here is a fundamental change in the ruling, the possibility of a fundamental change in the way the senate does business peeping basically changing the rules of the senate from either 60 votes, sometimes 67, to 51 votes, which would make as no different than the house of representatives, and of course would reduce us in many respects not to irrelevance in the minority party. here is the problem. on one side, the majority leader and the democrats are frustrated by their inability to move forward with legislation. every time there is an opposition to a motion to proceed, which takes days and then they proceed, and that has made the united states congress -- one of the reasons why the united states congress is judged the least productive congress since the year 1947. so, understandably the majority is frustrated with their inability to
right now, the country's attention and that of the media is on the fiscal cliff, and i understand that. economy of the nation and the world may be at stake here. i think that sooner or later, there will be some kind of an agreement. will we are talking about here is a fundamental change in the ruling, the possibility of a fundamental change in the way the senate does business peeping basically changing the rules of the senate from either 60 votes, sometimes 67, to 51 votes, which would make as...
207
207
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 207
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does go over the fiscal cliff and the strike happens, that will be a knockout one-two punch to the economy, triggering perhaps a recession. back to you in new york. >> juliet: wow. all right. good to see you. >> eric: a lot of things get impoured and exported. but automobiles, a lot of oil and gas products come in. you could see if this thing goes through, a container cliff, that goes through, you could see prices of a lot of things going up. >> kelly: long shoremen make a lot of money. they do quite well. a lot of people are depending on this kind of profession for their livelihood. >> juliet: speak of seeing where it goes, we'll go to the headlines. hillary clinton set to return to work next week. she's been out for three weeks with a stomach virus and concussion. she missed her date to testify on what she knew about the benghazi attack. earlier jeff duncan said the american still have questions for her. >> we want to know what happened leading up to benghazi, what happened the night of the attack, why certain assets weren't brought to bear to rescue four americans that lost their lives
does go over the fiscal cliff and the strike happens, that will be a knockout one-two punch to the economy, triggering perhaps a recession. back to you in new york. >> juliet: wow. all right. good to see you. >> eric: a lot of things get impoured and exported. but automobiles, a lot of oil and gas products come in. you could see if this thing goes through, a container cliff, that goes through, you could see prices of a lot of things going up. >> kelly: long shoremen make a lot...